Commerce Sec. Ross Hasn't Taken Position on Border Tax

The transcript discusses the border adjustment tax, its potential impact on trade, and the complexities involved in its analysis. It also covers trade relations with Germany, highlighting the role of the EU and currency factors. The conversation touches on the impact of currency fluctuations, particularly the peso, on trade competitiveness. Finally, it examines how markets adjust to political changes, such as the Trump presidency, and their implications for trade.

What role does currency play in trade according to the speaker?

What is the speaker's perspective on the relationship between President Trump's election and the peso's value?